Economy

No Immediate Plan To Implement 5% Fuel Tax- Finance Minister

No Immediate Plan To Implement 5% Fuel Tax- Finance Minister
  • PublishedSeptember 9, 2025


There is no immediate plan by the Federal Government to implement the 5 percent Petroleum Products Tax in the new tax legislation.

‎The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, stated this at a press briefing in Abuja,
‎this afternoon.

‎The tax has generated wide anger among Nigerians, with organised labour giving the government an ultimatum to cancel it or face an industrial action.